More Terminologies

These are terminologies used in the business/financial sector. This session is a follow-up on the terminologies published in June 2016 and September 2016. Understanding terminologies is important if you want to be a good analyst, it is also important for doing business.

An industry where the creation of products and services is home-based, rather than factory-based. While products and services created by cottage industry are often unique and distinctive given the fact that they are usually not mass-produced, producers in this sector often face numerous disadvantages when trying to compete with much larger factory-based companies.

In rounding up, I hope someday the economic program of one of our leaders, will be a reference point. What do you think about the following economic policies: OBJnomics, Jonathanomics, and Buharinomics? What are the positives and what are their downsides?